Global BESS Consortium Targets 5 GW Energy Storage in Bold Renewable Push by 2024

December 4, 2023
1 min read
Prime Minister of Barbados, Mia Mottley, at the launch of the Battery Energy Storage Systems (BESS) Consortium
Prime Minister of Barbados, Mia Mottley, at the launch of the Battery Energy Storage Systems (BESS) Consortium

The world of renewable energy is buzzing with the latest developments from the Global Energy Alliance for People and Planet (GEAPP). At the heart of these advancements is the Battery Energy Storage Systems (BESS) Consortium, an ambitious project uniting countries and organizations to push the frontiers of energy storage and renewable energy. Let’s break down what’s happening in simpler terms.

What’s the Buzz About?

The BESS Consortium is a big deal. It’s a group effort with 11 countries (Barbados, Belize, Egypt, Ghana, India, Kenya, Malawi, Mauritania, Mozambique, Nigeria, and Togo) joining hands. They’re backed by powerhouse organizations like the African Development Bank, the World Bank, and many more. The goal? To ramp up energy storage with a 5 gigawatt (GW) target by 2024.

Why Battery Storage?

Think of battery storage like a giant power bank. It’s crucial for managing the ups and downs of renewable energy (like solar and wind). By storing energy when there’s excess and releasing it when needed, these systems make renewable energy more reliable and efficient.

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The Big Picture

This isn’t just about storing energy. It’s a strategic move to boost renewable energy globally, aiming for a staggering 400 GW by 2030. This aligns with the United Nations Sustainable Development Goal 7 (SDG7) and takes a serious swing at energy poverty.

The Challenges

Despite its promise, the path to widespread BESS adoption isn’t smooth. Issues like policy barriers, high costs, and complex project management are real headaches. But there’s hope: the World Bank and ESMAP have put together guidelines to help navigate these challenges.

Impact on the Ground

Take Malawi, for example. They’re working on a 20MW BESS project, eyeing a brighter future for 3 million people by 2030. This means better power stability and a significant reduction in CO2 emissions.

Expert Voices

Jonas Gahr Støre, Norway’s Prime Minister, emphasizes the need for speed and scale in these initiatives. Dr. Rajiv J. Shah from The Rockefeller Foundation points out the necessity of BESS in achieving renewable energy goals. Joseph Nganga of GEAPP highlights the tangible progress being made, like the Malawi project.

Looking Ahead

As we head towards COP29, the BESS Consortium’s progress will be a key focus. It’s about transforming energy systems in lower-income countries, making clean power more accessible, and tackling the climate crisis head-on.

Sunita Somvanshi

With over two decades of dedicated service in the state environmental ministry, this seasoned professional has cultivated a discerning perspective on the intricate interplay between environmental considerations and diverse industries. Sunita is armed with a keen eye for pivotal details, her extensive experience uniquely positions her to offer insightful commentary on topics ranging from business sustainability and global trade's environmental impact to fostering partnerships, optimizing freight and transport for ecological efficiency, and delving into the realms of thermal management, logistics, carbon credits, and energy transition. Through her writing, she not only imparts valuable knowledge but also provides a nuanced understanding of how businesses can harmonize with environmental imperatives, making her a crucial voice in the discourse on sustainable practices and the future of industry.

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